We are happy to announce the release of our newest industry magazine! The Sports & Entertainment Issue highlights some of the hot topics in the sports & entertainment industry including tax issues for athletes, estate & trust planning, Client Accounting Services, and more. What You’ll Find Inside this Issue: Protecting Your Assets and Legacy: Estate Read the full article…
LOS ANGELES, CA [August 28, 2023] — KROST, a leading CPA and consulting firm, is thrilled to announce the promotion of Matthew Weber to the esteemed position of Principal. Matthew’s dedication, experience, and exceptional contributions have led to this well-deserved advancement within the organization. Matthew Weber, who joined KROST’s tax practice in July 2015, brings Read the full article…
This article is featured in the KROST Industry Financial Services Magazine Volume 5, Issue 1, titled “Section 1256 Contracts and Straddles: A Guide to Tax Planning and Risk Management” by Matthew Weber, CPA. Investing and trading in the financial markets can be a complex endeavor, and it is essential to consider several factors, including tax Read the full article…
At KROST, our professional team has in-depth knowledge and expertise in the Financial Services industry. Our focus is on management companies and their investment vehicles. We have assisted the management companies of Hedge Funds, Money Managers, Private Equity Firms, and their principals with a wide range of accounting and tax services for the last 15 Read the full article…
We are happy to announce the release of our newest industry magazine! The Financial Services Issue highlights some of the hot topics in the Financial Services industry including the Silicon Valley Bank collapse, Section 1244, Section 1256, virtual currency, and more. What You’ll Find Inside this Issue: Federal Deposit Insurance, Corporation Insurance, and the Read the full article…
Do you have a large position in a publicly held company? Are you concerned about having a concentration risk in your portfolio? If the answer is yes, then you should consider using an Exchange Fund, also known as a swap fund. An Exchange Fund provides the opportunity to diversify your stock holdings without triggering capital Read the full article…
LOS ANGELES, CA — Los Angeles-based CPA firm, KROST CPAs & Consultants, appoints Matthew Weber, CPA, MAcc to KROST’s Principal in Development (PID) program. In the PID program, Matthew joins leadership trainings to prepare for the partner path, as well as attend partner meetings to gain insight into the role. He also sets individual goals Read the full article…
We are happy to announce the release of our newest quarterly magazine! The Financial Services Issue highlights some of the hot topics in financial services including Section 1244 claims, the Lender Management, LLC case study, research & development, waterfall calculations, IRC Section 1061, and FinTech trends. What You’ll Find Inside this Issue: Section 1244: Claiming Read the full article…
California Proposition 19 passed with just over 51% of the vote in the general election on November 3rd and is expected to become law. This new law has two separate effective dates: February 16, 2021 – For beneficiaries of real estate that use the property as a primary residence. April 1, 2021 – For transferring Read the full article…
Management companies of hedge funds, money managers, private equity firms, and their principals have come to our firm to advise on a wide range of accounting and tax services. We are leaders in the financial services industry, focusing on management companies and their investment vehicles. Our team brings experience, knowledge, and a wide range of Read the full article…
